Call reports 2004
FARMERS BANK OF LYNCHBURG, THE — 2004
What FARMERS BANK OF LYNCHBURG, THE reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 60,757,000 | 59,694,000 | 58,459,000 | 58,349,000 |
| Total loans | 36,279,000 | 36,127,000 | 38,598,000 | 38,969,000 |
| Allowance for loan losses | 930,000 | 1,099,000 | 1,062,000 | 1,090,000 |
| Securities available for sale | 16,021,000 | 20,570,000 | 14,796,000 | 14,672,000 |
| Securities held to maturity | 64,000 | 57,000 | 51,000 | 46,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,247,000 | 51,930,000 | 50,902,000 | 50,659,000 |
| Interest-bearing deposits | 45,824,000 | 44,566,000 | 43,326,000 | 42,890,000 |
| Noninterest-bearing deposits | 7,423,000 | 7,364,000 | 7,576,000 | 7,769,000 |
| Equity capital | 7,316,000 | 7,027,000 | 7,271,000 | 7,143,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 764,000 | 1,525,000 | 2,396,000 | 3,183,000 |
| Interest expense | 201,000 | 395,000 | 588,000 | 790,000 |
| Net interest income | 563,000 | 1,130,000 | 1,808,000 | 2,393,000 |
| Noninterest income | 71,000 | 139,000 | 189,000 | 243,000 |
| Noninterest expense | 472,000 | 967,000 | 1,439,000 | 1,998,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 162,000 | 302,000 | 586,000 | 666,000 |
| Income tax | 58,000 | 99,000 | 199,000 | 226,000 |
| Net income | 104,000 | 203,000 | 387,000 | 440,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,291,000 | 7,290,000 | 7,341,000 | 7,289,000 |
| Total capital | 7,729,000 | 7,733,000 | 7,815,000 | 7,772,000 |
| Risk-weighted assets | 34,571,000 | 34,911,000 | 37,290,000 | 38,031,000 |